Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Short Interest Down 55.5% in May

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHIGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 376,530 shares, a drop of 55.5% from the April 30th total of 846,508 shares. Based on an average trading volume of 740,253 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are short sold.

Franklin International Low Volatility High Dividend Index ETF Trading Down 0.4%

Shares of BATS:LVHI opened at $40.94 on Friday. Franklin International Low Volatility High Dividend Index ETF has a 12 month low of $32.16 and a 12 month high of $41.74. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The company has a 50-day moving average price of $40.74 and a 200 day moving average price of $39.04.

Institutional Trading of Franklin International Low Volatility High Dividend Index ETF

Several institutional investors have recently added to or reduced their stakes in LVHI. Torren Management LLC purchased a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the first quarter worth approximately $33,000. EverSource Wealth Advisors LLC increased its holdings in Franklin International Low Volatility High Dividend Index ETF by 104.2% during the third quarter. EverSource Wealth Advisors LLC now owns 968 shares of the company’s stock valued at $34,000 after buying an additional 494 shares during the period. Pinnacle Bancorp Inc. purchased a new position in Franklin International Low Volatility High Dividend Index ETF during the fourth quarter valued at approximately $37,000. Parallel Advisors LLC grew its holdings in Franklin International Low Volatility High Dividend Index ETF by 275.5% in the first quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock worth $55,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new position in Franklin International Low Volatility High Dividend Index ETF in the first quarter worth $119,000.

Franklin International Low Volatility High Dividend Index ETF Company Profile

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The Franklin International Low Volatility High Dividend Index ETF (LVHI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an all-cap index of developed ex-US stocks, selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHI was launched on Jul 27, 2016 and is managed by Franklin Templeton.

Further Reading

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